Aeries Technology, Inc.

Aeries Technology, Inc. announced the launch of AxAI, a new agentic AI offering designed to help enterprises rapidly build, deploy, and scale production-ready AI applications. This offering expands Aeries' capabilities across the entire enterprise AI lifecycle, addressing the critical gap between AI experimentation and successful integration into business processes. AxAI combines business consulting, AI product management, engineering, and managed operations through a Forward-Deployed Engineering model, positioning Aeries for deeper, longer-term customer relationships in the evolving AI landscape.

Aeries Technology, Inc. announced it has received written notification from Nasdaq confirming compliance with the minimum bid price requirement (Nasdaq Listing Rule 5550(a)(2)). This achievement follows a 1-for-8 share consolidation that became effective on June 12, 2026, after which the Company's common stock maintained a closing bid price of at least $1.00 per share for the required period. Nasdaq has advised that the matter is now closed.

Aeries Technology, Inc. announced a one-for-eight share consolidation of its Class A ordinary shares, effective June 12, 2026. This corporate action is intended to increase the per-share trading price and help the company maintain compliance with the Nasdaq Capital Market's minimum bid price requirement. The consolidation will reduce the number of outstanding shares from approximately 45.9 million to 5.7 million, with proportionate adjustments to equity awards and a new CUSIP number.

Aeries Technology reported a significant financial turnaround for fiscal year 2026, returning to profitability with a net income of $3.5 million, a $25 million improvement year-over-year. The company exceeded its increased Adjusted EBITDA guidance, reaching $8.3 million, and achieved positive operating cash flow for the fourth consecutive quarter. Aeries also provided a positive outlook for fiscal year 2027, projecting revenue between $80 million and $84 million and Adjusted EBITDA between $10 million and $12 million, driven by accelerating demand for AI-embedded Global Capability Center models.

Aeries Technology, Inc. announced its financial results for the fiscal year ended March 31, 2026. The company reported revenue of $70 million and a significant turnaround in profitability, with net income of $3.5 million and income from operations of $4.5 million, compared to losses in the prior year. Adjusted EBITDA exceeded guidance at $8.3 million, and the company achieved its fourth consecutive quarter of positive operating cash flow. Aeries also reiterated its financial outlook for fiscal year 2027, projecting revenue between $80 million and $84 million and Adjusted EBITDA between $10 million and $12 million. The company highlighted strategic progress, including the launch of its AeriesOne A1 GCC Platform with AI-enabled automation.

Aeries Technology, Inc. (AERT) filed its 10-K report, detailing its business as a global professional services and technology consulting firm. The company specializes in establishing and managing Global Capability Centers (GCCs) for private equity portfolio companies and middle-market enterprises. Aeries offers a comprehensive suite of services covering the entire GCC lifecycle, from strategic planning to operational management, with a focus on leveraging AI and digital transformation to drive cost savings and operational efficiency for its clients. The report highlights the company's proprietary 'A1 GCC' platform and its diverse service offerings across various business functions.

Aeries Technology, Inc. reported a significant turnaround in its financial performance for the fiscal year ended March 31, 2026. The company achieved positive net income of $3.5 million and income from operations of $4.5 million, a substantial improvement from the previous fiscal year's losses. Adjusted EBITDA also saw a strong rebound to $8.3 million, exceeding guidance. The company generated positive operating cash flow of $6.8 million and reiterated its financial outlook for fiscal year 2027, projecting revenue between $80 million and $84 million and Adjusted EBITDA between $10 million and $12 million. A key strategic highlight was the launch of the AeriesOne A1 GCC Platform, incorporating AI-enabled automation.

Aeries Technology announced a strategic engagement with a private equity-backed global entertainment and events company. Aeries will establish and manage a dedicated India-based technology team for the client, initially focusing on ERP, business intelligence, and analytics, with future expansion planned. This engagement highlights Aeries' role as a strategic technology partner for PE-backed enterprises and contributes to sustained pipeline momentum and increased visibility into fiscal 2027.

Aeries Technology, Inc. announced the launch of A1 GCC, its proprietary AI-driven platform designed for Global Capability Center (GCC) operations management. Positioned as the "Digital Twin of GCC Operations," the platform integrates planning, workforce management, governance, coordination, and embedded AI capabilities into a single environment. It introduces function-specific AI agents and offers features like workforce visibility, issue management, and operational insights, aiming to enhance clarity, speed, and control for GCC teams.

Aeries Technology, Inc. received a delisting notice from Nasdaq because it failed to maintain the minimum bid price of $1.00 per share. The company intends to request a hearing before the Nasdaq Hearings Panel to appeal the delisting, which will stay the delisting process pending a decision. Failure to maintain listing could negatively impact investor confidence and stock liquidity.